Invesco DWA Momentum ETF Stock Forecast, Price & News

Invesco DWA Momentum ETF's stock was trading at $57.08 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PDP stock has increased by 45.0% and is now trading at $82.74.
View which stocks have been most impacted by COVID-19.

Wall Street analysts have given Invesco DWA Momentum ETF a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Invesco DWA Momentum ETF wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Invesco DWA Momentum ETF announced a quarterly dividend on Friday, June 19th. Investors of record on Tuesday, June 23rd will be paid a dividend of $0.024 per share on Tuesday, June 30th. This represents a $0.10 annualized dividend and a yield of 0.12%. The ex-dividend date is Monday, June 22nd.
View Invesco DWA Momentum ETF's dividend history.

Invesco DWA Momentum ETF saw a increase in short interest in November. As of November 15th, there was short interest totaling 163,300 shares, an increase of 384.6% from the October 31st total of 33,700 shares. Based on an average daily volume of 156,500 shares, the short-interest ratio is currently 1.0 days.
View Invesco DWA Momentum ETF's Short Interest.

Based on aggregate information from My MarketBeat watchlists, some companies that other Invesco DWA Momentum ETF investors own include Akamai Technologies (AKAM), Cincinnati Financial (CINF), Crescent Point Energy Corp. (CPG.TO) (CPG), Dicerna Pharmaceuticals (DRNA), iShares Floating Rate Bond ETF (FLOT), Halliburton (HAL), Hilton Worldwide (HLT), Philip Morris International (PM), Smart Sand (SND) and Arista Networks (ANET).

Invesco DWA Momentum ETF trades on the NASDAQ under the ticker symbol "PDP."

Invesco DWA Momentum ETF's stock is owned by a variety of retail and institutional investors. Top institutional investors include Morgan Stanley (6.45%), Wells Fargo & Company MN (5.58%), Raymond James & Associates (3.30%), Commonwealth Equity Services LLC (2.84%), Gateway Advisory LLC (2.78%) and Raymond James Financial Services Advisors Inc. (2.35%).
View institutional ownership trends for Invesco DWA Momentum ETF.

PDP stock was sold by a variety of institutional investors in the last quarter, including Prospera Financial Services Inc, SPC Financial Inc., Cambridge Investment Research Advisors Inc., Osborne Partners Capital Management LLC, Wells Fargo & Company MN, Morgan Stanley, GWM Advisors LLC, and Sigma Planning Corp.
View insider buying and selling activity for Invesco DWA Momentum ETF.

PDP stock was acquired by a variety of institutional investors in the last quarter, including Sawtooth Solutions LLC, NewSquare Capital LLC, Trilogy Capital Inc., Gateway Advisory LLC, Private Advisory Group LLC, Raymond James Financial Services Advisors Inc., Kestra Advisory Services LLC, and MinichMacGregor Wealth Management LLC.
View insider buying and selling activity for Invesco DWA Momentum ETF.

Shares of PDP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PDP stock can currently be purchased for approximately $82.74.

Invesco DWA Momentum ETF has a market capitalization of $1.91 billion.

The official website for Invesco DWA Momentum ETF is www.invescopowershares.com.

Invesco DWA Momentum ETF's mailing address is 301 W Roosevelt Road, Wheaton, IL 60187, United States. The company can be reached via phone at +1-800-9830903.